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Columbus Energy Limited: 14,000,000 Unit Private Placement to Raise $700,000


//science-technology.news-articles.net/content/2 .. 000-unit-private-placement-to-raise-700-000.html
Published in Science and Technology on Thursday, December 17th 2009 at 15:40 GMT by Market Wire   Print publication without navigation


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 17, 2009) - Columbus Energy Limited (TSX VENTURE:CEL) -

The Company has negotiated, subject to regulatory approval, a 14,000,000 unit private placement at $0.05 per unit to gross $700,000. Each unit will consist of one common share and a transferable five year purchase warrant allowing the purchaser to purchase an additional share at a price of $0.10. A finder's fee will be paid on a portion of the placement.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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